Are you asking how do I sell my house because of job loss San Diego? Trusted House Buyers is a market leader in buying local homes fast for cash and helping homeowners who are facing unemployment in San Diego. Our Company’s President discusses some ideas on ways to try and keep your home and then some subsequent options to sell a home in San Dieog fast, if that’s an option on the table for you.
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Losing a job can be a stressful, hurtful, and confusing time for most. What’s even worse is, most of the time it comes up pretty unexpectedly and at some point you start wondering, how do I sell my house because of job loss San Diego? My name is Brian Mollo and I’m the President of Trusted House Buyers.
Since We Buy Houses San Diego, we often assist people who are trying to get help with job loss, and I’m going to speak to you today a little bit from an unemployment office in San Diego, located just north of Serra Mesa.
Normally, it doesn’t take long for most people to switch into crisis mode when they lose their job unexpectedly. They typically blow through any savings they might have very quickly, and then scramble to figure out what to do to survive. Let’s talk a little bit about some other things that might help you during this tough time and ways to weather the storm first, depending on how far along you are. And then, I’ll give you an easy solution to consider if you’ve exhausted your options, are still stressed and don’t know where to turn.
If you can’t turn things around or find another job very quickly, it’s going to be important to establish some financial priorities. First, is there any other way you can generate income? If you lost a job and have no money, and you lost that job through no fault of your own, you may be eligible to receive unemployment benefits, which is why we are walking around the EDD office now. This is a resource you need to know and get very familiar with. Keep in mind those unemployment benefits will be significantly less than what your salary was. Also get familiar with COBRA health insurance or Covered California options.
Now, in the meantime, can you get part-time work until you find a new permanent job? What about other ideas like, should you consider renting out an area of the house as a way to supplement any money you have coming in? Extra money from renting out a bedroom, a basement or a converted living space in your house could go a long way to bridge the gap. Do you have an emergency fund, any savings, to hold you over, or can you pull from a retirement account? Last resorts possibly, but if you are unemployed for an extended period of time, and have a mortgage, you have to get all options on the table.
Some other ways to survive are to borrow money or maybe even liquidate any assets you or your family has. Take a good look at everything you own. Think about converting those assets into cash. The first step in doing this is to take inventory of everything you own and make decisions with your family as to what can be sold for a profit.
Now, the other side of your personal financial statement equation is going to be your expenses. Experiencing the loss of your employment will often mean that you will need to make compromises. Tough, but very important. You should probably look into dramatically cutting expenses and establishing priorities for any outgoing money. Aside from food and your mortgage, all other expenses should take a lower priority during these troubled times. Now if you start missing your house payments, you’ve basically lost job and can’t pay mortgage, consider some of these options to stop foreclosure in San Diego, if it’s imminent.
Once you’ve looked at your income and expenses, and have focused primarily on the roof over your head and food on the table, another solution might be to help start fresh is to sell your house fast for cash. If you have nowhere else to turn and are up against a tough spot because of a lack of income, expenses are piling up, in addition to having a house that’s not brand new and needs work, there is help. This option simply allows you to take a step back and hit the reset button. You can get out from under this burden quickly and easy, and buy yourself some time, possibly even with some money in your pocket.
Your best solution if you need to sell your home quickly due to job loss in this scenario is to find a cash buyer. This is of course, what we help homeowners with. When looking to sell my house because of job loss San Diego, we buy homes fast, as-is, for cash and can close very quickly.
We understand this is very tough situation when you’re searching for things like “lost job and need to sell house”. We handle each of these sensitive situations with honesty and integrity; it’s not a time that anyone wants to be fooled around with. And you have my word, that is NOT what our company is about. We are accredited by the Better Business Bureau and all of our customers have been more than pleased with how they were treated and how we were able to help them. If you’re facing a situation where you need to sell my house because of job loss San Diego, give us a call and see what we can do for you. We’d love to help out if we can. If we can’t, or if you are uninterested in the offer we give you, or better yet, if you find employment that will get you through your tough time, that’s OK too. We’d actually be very happy for you.
Call us at Trusted House Buyers today at 619-786-0973. You can always ask for me directly.
My name is Brian and we look forward to helping. Thanks for watching.